ABB India among 4 stocks showing bullish RSI upswing
An uptrend signal is generated when the RSI value crosses above 50 from below. “RSI Trending Up” indicates that RSI is rising, suggesting strengthening price momentum in a stock.
Category: Business News & Economy
Uncover the latest corporate headlines, economic policies, macro-level market updates, and industry developments shaping Indian and global markets on FinSiddhi.
ONGC Share Price Live Updates: ONGC’s beta highlights its market resilience
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HCL Tech Share Price Live Updates: HCL Tech’s beta indicates moderate risk
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M&M Share Price Live Updates: M&M closes at Rs 3093.3
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HDB Financial shares in focus as Q1 profit jumps 38% on strong NII growth. What are Nomura, Motilal Oswal saying?
HDB Financial Services reported a strong June quarter with profit rising 38% year-on-year. Net interest income increased 20%, and assets under management grew 11%. Experts maintained Neutral ratings, citing steady performance and improved asset quality. Net interest margins expanded, supported by better portfolio yields. The company expects loan growth acceleration aided by strategic initiatives.
SpaceX’s slide below IPO price risks turning blockbuster IPO into confidence test
SpaceX’s stock has fallen below its initial public offering price. This development raises concerns about market valuations and investor sentiment. The company’s performance could influence upcoming high-profile stock market debuts. Retail investors may face disappointment as the stock experiences volatility. Future listings will closely monitor SpaceX’s ongoing price discovery process.
Gold steady as Mideast escalation tempers easing inflation optimism
Gold prices remained stable as U.S. inflation data showed easing pressures. However, Middle East conflict escalation drove oil prices higher, reviving energy cost concerns. U.S. producer prices unexpectedly fell in June, indicating subsiding inflation before recent events. Federal Reserve officials expressed determination to bring inflation down soon. China’s economy expanded at its slowest pace in…
South Korean shares slump 7% on renewed selling in chipmakers, c.bank hikes rates
South Korean shares experienced a significant decline on Thursday, driven by chipmaker stock sell-offs. The Bank of Korea raised its benchmark interest rate for the first time in over three years. This move aimed to stabilize the nation’s weakening currency against the US dollar. Major chipmakers like SK Hynix and Samsung Electronics saw substantial drops…
BOK hikes rates for first time in 3-1/2 years, signals more
South Korea’s central bank has increased its benchmark interest rate for the first time in three years. This move aims to stabilize the currency and counter rising inflationary pressures. The bank anticipates further tightening of monetary policy in the coming months. Economic growth is expected to significantly exceed previous forecasts this year. Analysts predict at…
Devson Catalyst shares to debut today; GMP hints at 42% listing gain
The Rs 42.34 crore SME IPO received an overwhelming response during its subscription window from July 9 to July 11, closing 220.35 times subscribed, reflecting robust demand across investor categories.